Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] retains strong position in active trade, as shares scoring 5.39% to $7.04 in a active trade session, while looking at the shares volume, around 30.69 Million shares have changed hands in this session. AMD (AMD) reported that it gives first real moment of Zen. Last night, the company invited a small group of journalists and analysts to the St. Regis Hotel in San Francisco to give us our first detailed taste of its upcoming Zen CPU architecture. Zen is a make-or-break moment for AMD. The last high-performance, clean-sheet x86 CPU design from the company was the troubled Bulldozer “module” in the FX-8150, followed up by the Piledriver refinement of that design in 2012’s FX-8350.
Those chips trailed their Intel contemporaries when they were new, and they’ve soldiered on in AMD’s model lineup for an eternity while Intel has delivered continuous (if slowing) performance improvements and process advancements with itsHaswell, Broadwell, and Skylake CPUs. AMD has been continuously refining its APUs in the intervening time, to be sure, but those products have never captured the enthusiast PC builder’s imagination in the same way that a Core i7-4790K or Core i7-6700K does. The firm has institutional ownership of 59.30%, while insider ownership included 0.60%. AMD attains analyst recommendation of 3.00 with week’s performance of 6.99%. Investors looking further ahead will note that the Price to next year’s EPS is 76.20%.
Canadian Solar Inc. (NASDAQ:CSIQ) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 17.53% to 14.35 with around 12.59 Million shares have changed hands in this session. Canadian Solar Inc. (CSIQ) released that its Q2 earnings of $40.4 million. On a per-share basis, the Guelph, Ontario-based company said it had profit of 68 cents. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. The solar wafers manufacturer posted revenue of $805.9 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $710.9 million. The stock is going forward its fifty-two week low with 18.40% and lagging behind from its 52-week high price with -51.89%.
Likewise the positive performance for the quarter recorded as -17.43% and for the year was -28.96%, while the YTD performance remained at -50.45%. CSIQ has Average True Range for 14 days of 0.74.